UPS Financial News

20.08 / 16:42

UPS Provident Waters wellness Department volunteers Heavy rains ravage Tripura: Seven dead in landslides, two missing amid flooding

rainfall in Tripura over the past 48 hours, seven people have died from landslides and drowning, and two individuals are still missing. Water levels in rivers across Tripura have risen significantly, leading to flooding in many areas. Notably, Bagafa (375.8 mm), Belonia (324.4 mm) in South Tripura, and Amarpur (307.1 mm) in Gomati experienced exceptionally high rainfall in the last 24 hours. As a result, South Tripura and Gomati have been severely affected, with four rivers—Howrah, Dhalai, Muhuri, and Khowai—flowing above dangerous levels. Chief Minister Manik Saha is regularly monitoring the flood situation from New Delhi.

20.08 / 16:42

UPS Waters Airlines Hawaiian Department Investigations International Alaska Airlines and Hawaiian Airlines merger clears regulatory hurdle, will now be reviewed by DOT

Water on an Alaska Airlines flight from Hawaii to Alaska entered the cabin from a flooded bathroom, crew tried to mop it up. (Credit: Dustin Parker/Facebook)

20.08 / 16:30

UPS Digital Booking WhatsApp L&T Finance partners with Cred to offer fast, unsecured personal loans

Cred to offer unsecured personal loans to Cred members who have high credit score and positive repayment history. L&T Finance (LTF) will be offering these loans with its co-lending partner Newtap Finance, a non bank finance company that specialises in digital lending and risk assessment. With this collaboration, Cred members will be able to avail credit within a few minutes. They will also have an option of flexible repayment tenure along with competitive interest rates

20.08 / 16:12

UPS Justice Courts cricket SC refuses to pass interim order to stop setting up of CoC in insolvency proceedings against Byju's

Supreme Court on Tuesday refused to restrain the Interm resolution professional (IRP) of debt-ridden Think & Learn Pvt Ltd, the parent of online educational services company Byju's, from constituting a committee of creditors (CoC). A bench led by Chief Justice DY Chandrachud agreed to hear the case in detail on Thursday, including the bankrupt edtech company’s request to stall the formation of CoC. Requesting the apex court to direct IRP Pankaj Srivastava against constituting the panel before Friday, senior counsel AM Singhvi, appearing for the edutech firm, told the SC that it would be infructuous if the CoC was constituted within 48 hours.

20.08 / 16:09

UPS Progressive Netflix show Inside stars reports Dark Winds Season 3: Expected release date, returning cast, plot & more

AMC provided a glimpse into the show's progress with a clapperboard photo and a behind-the-scenes video featuring star Kiowa Gordon, who confirmed that filming was nearing completion as of mid-July, as mentioned in a report by TV Insider.

20.08 / 16:03

COST UPS Analysis Research Experts Universities reports How EVs and gasoline cars compare on total cost — where you live can make a huge difference

Electric vehicles may save consumers money over the long-term relative to traditional gasoline-powered cars.

20.08 / 15:54

markets UPS IPO Provident Man security Manpower services provided Innovision Limited files DRHP for IPO

Innovision Limited, provider of manpower services, toll plaza management and skill development training, has filed its draft red herring prospectus (DRHP) with capital markets regulator Sebi to raise funds through an IPO. The IPO, with a face value of Rs 10 each, is a mix of fresh equity issue of Rs 315 crore and an offer for sale of up to 11.81 lakh shares by promoter selling shareholders.

20.08 / 15:53

COST UPS Discover TikTok reports Videos Is the Euthanasia coaster the world's deadliest ride? Discover the controversial roller coaster sparking debate on TikTok

Julijonas Urbonas in 2010, the Euthanasia Coaster has been dubbed the «world's most dangerous roller coaster.» This rollercoaster was created to give passengers a terminal experience, but it also has a deadly and exhilarating aspect that might cost their life. The idea involves a 500-meter-high, steep lift that gives passengers only a split second to think before boarding the deadly ride, as per the reports of The Mirror.

20.08 / 15:52

UPS security social information reports recommendations prevention A significant data breach that occurred last week at National Public Data

data breach last week. Cybercriminals gained access to the personal information, including Social Security numbers, of billions of Americans in the shocking and harrowing data breach at National Public Data last week. It is alleged that the breach contains data dating back at least thirty years, and the fact that Social Security numbers are among the data has sparked a lot of privacy concerns. Are you pondering if it affected you and were you also among the victims? Here's how to ascertain it.

20.08 / 15:24

markets UPS IPO Manufacturing security testing Unimech Aerospace, Manjushree Technopack file draft IPO papers with Sebi

Manjushree Technopack filed their respective DRHPs with capital markets regulator to raise funds through an IPO. The IPO of Unimech is a combination of fresh equity issue of up to Rs 250 crore and an offer of sale (OFS) up to Rs 250 crore by promoter and promoter group selling shareholders.

20.08 / 15:10

UPS Election Invesco Invesco Perpetual UK Smaller Companies special dividend offer oversubscribed by three times

In a stock exchange notice today (20 August), the board said it had received valid elections for over 12 million shares, or 36.8% of IPU's issued ordinary share capital. The directors said that as payout requests exceeded the 10% limit, shareholder requests will be scaled back proportionally, depending on the excess availability from other investors. Invesco Perpetual UK Smaller Companies offers capital return for up to 10% through special dividend Details of the outcome of the scaling back process, along with IPU's net asset value per share and the amount of the special dividend p...

20.08 / 14:59

UPS Target BLOCK Platform Food reports Antfin Singapore sells Zomato shares worth Rs 4,771 crore via block deals

Zomato shares worth Rs 4,771 crore via block deals on Tuesday. The stake sale which involved selling of over 18.54 crore shares was done in two block counts of 9.27 crore shares each. The shares were sold at a price of Rs 257.46 and Rs 257.17 which was at a premium of 2.3% over the floor price of Rs 251.68, ET Now had reported on Monday quoting agencies.

20.08 / 14:46

UPS Aware Apple Trade Updates iPhone 15 receives a MASSIVE price cut ahead of iPhone 16 launch: Check discount details

iPhone 15 is available on Walmart-owned Flipkart for ₹64,999, a substantial reduction from Apple's official price of ₹79,600. This represents a direct discount of ₹14,601, with no special conditions attached—a rare and noteworthy deal on a device that was Apple's flagship just a year ago.In addition to this flat discount, the e-commerce giant offers an exchange deal that could knock up to ₹42,100 off the price, depending on the usage and condition of the phone being traded in.

20.08 / 14:37

UPS Provident Mobile wellness show reports Mobikwik reports net profit of Rs 14 crore in FY24, revenue up 62%

Mobikwik reported a net profit of Rs 14 crore in FY24, compared to a loss of Rs 80.6 crore a year ago. Its operational revenue jumped 62% on year to Rs 875 crore from Rs 539 crore in FY23. The company had reported a net profit in the first half of FY24 as well, and said it plans to maintain its profitable streak and continue showing strong financials. The company’s lending operational expenses shot up sharply during the year, rising 294% to Rs 270 crore from Rs 68.5 crore in FY23.

20.08 / 14:15

UPS Provident Waves Enterprise WhatsApp Aye Finance raises about $25 million from Goldman Sachs (India) Finance

Aye Finance has raised about $25 million from Goldman Sachs (India) Finance, the non-banking unit of Goldman Sachs in India, in a securitisation deal. The deal, valued Rs 212 crore in local currency, was announced Tuesday. This will free capital for Aye Finance and help it in business expansion. The fintech company lends to micro enterprises across India.

20.08 / 14:06

UPS Provident MET Manufacturing Assurant WhatsApp Taiwan's Bestec proposes Rs 200 Cr investment in manufacturing unit near Bengaluru

Taiwan's Bestec Group has proposed to set up a manufacturing unit near Bengaluru at an investment of Rs 200 crore. Industries Minister MB Patil announced this after he met Bestec Group chairman Mike Chen and vice chairman Teresa Dong on Tuesday. The minister assured that the government would provide full support to facilitate the company's plans.

20.08 / 13:56

UPS BLOCK Fighting Bill Department Investigations Government steps up fight against fake GST registrations

move, in accordance with Instruction No. 02/2024-GST dated 12 August 2024, follows the success of a similar campaign last year that uncovered nearly 22,000 fake registrations and over ₹24,000 crore in suspected tax evasion. GST registrations are deemed fake or bogus when entities are established solely to defraud authorities by falsely claiming Input Tax Credit (ITC) without any actual supply of goods or services.

20.08 / 13:56

UPS security economy Tesla wellness Universities show A nation of workaholics has a new fixation: working less

Fleiß, which can translate as diligence or industriousness. Fleiß shaped the political conversation during the eurozone debt crisis of 2010, when many German voters resented having to bail out their Greek cousins who retired at 57 and, going by the news footage, seemed to spend their lives sipping espresso on cafe terraces. Fast-forward to today and the average Greek worked 1,897 hours last year, according to the OECD, 554 hours more than the average German.

20.08 / 13:50

UPS WhatsApp Trade Olympics Sensex rises! But these stocks fell 5% or more in Tuesday's session

On the BSE, Diggi Multitrade(down 13.25 per cent), Samrat Forgings(down 10.47 per cent), Transpact Enterprise(down 9.53 per cent), Olympic Cards(down 9.33 per cent) and Gravita India(down 9.32 per cent) stood among the top losers in today's trade.

20.08 / 13:41

markets UPS IPO performer rights International IPO-bound Kalpataru Ltd's net loss narrows to Rs 101 cr in last fiscal

Real estate firm Kalpataru Ltd, which plans to launch its maiden public issue, has posted a consolidated net loss of Rs 100.74 crore during the last financial year on lower income. Its net loss stood at Rs 200.73 crore in the preceding 2022-23 fiscal. Last week, Mumbai-based Kalpataru Ltd filed a preliminary document with capital markets regulator Sebi to launch its initial public offering (IPO) to raise up to Rs 1,590 crore, mainly to reduce debt.

20.08 / 13:34

markets UPS WhatsApp Trade Updates International Stock market update: Nifty Auto index advances 0.52%

Shares of Apollo Tyres Ltd.(up 3.33 per cent), Samvardhana Motherson International Ltd.(up 1.82 per cent), Eicher Motors Ltd.(up 1.46 per cent), Bosch Ltd.(up 1.42 per cent) and Balkrishna Industries Ltd.(up 1.41 per cent) ended the day as top gainers in the pack.

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